Mergers under endogenous minimum quality standard: a note

We introduce merging strategies and endogenous MQS, borrowed from Ecchia and Lambertini (1997), in Scarpa (1998). MQS induces the low-quality firm to exit the market and leads to a monopoly arising from the bilateral merger of the high-quality firms

Saved in:
Bibliographic details
Volume: 30
Main Author: Cesi, Berardino
Format: Journal Article
Language: English
Place of publication: AccessEcon 2010
published in: Economics bulletin Vol. 30; no. 4; pp. 3260 - 3266
Data of publication: 2010
ISSN: 1545-2921
1545-2921
EISSN: 1545-2921
Discipline: Economics
Series: Economics Bulletin
Subjects:
Online Access: Fulltext
Database: RePEc IDEAS
RePEc
Database information Databases - DBIS